25 Sep, 2023
Demurrage, detention, storage: how to avoid fines during sea transportation
Cargo delays during sea transportation require additional efforts to resolve these issues, but also often lead to unforeseen financial losses. Among them are payments for lay-up and delay of containers that are too long at the port of destination or were not returned to the warehouse on time. Today we will understand in detail what demurrage, detention and storage are, what is the difference between them.